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Thursday, February 21st saw the front-month NYMEX Natural Gas Futures Contracts open at $2.674, roughly three cents above Wednesday’s closing price of $2.636. Trading fluctuated around $2.675 leading up to […]
Recap: On its last trading session, the March crude contract rallied more than 1% to its highest level this year. The crude market posted a low of $55.48 early in […]
Wednesday, February 20th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.682, roughly nine cents below Tuesday’s closing price of $2.662. It was a bearish market ahead of […]
Recap: Oil prices were mixed on Tuesday, with both Brent and WTI falling in early trading, but as the dollar weakened, WTI rebounded, erasing early losses. After falling 1.9 percent […]
Tuesday, February 19th saw the front-month NYMEX Natural Gas Futures Contracts open flat at $2.624, from Friday’s closing price of $2.621. At the open, the contract traded lower to the […]
Recap: Oil prices posted gains for the fourth straight session after it was reported that the Safaniyah oil field in Saudi Arabia, the world’s largest, is producing at a reduced […]
Friday, February 15th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.601, three cents above Thursday’s closing price of $2.573. Jumping higher soon after markets opened to surpass […]
Recap: After rising for the third straight session, oil prices suffered an early morning hit after the U.S. Commerce Department released a report showing U.S. retail sales fell 1.2 percent, […]
Thursday, February 14th saw the front-month NYMEX Natural Gas Futures Contracts open at $2.599, roughly two cents above Wednesday’s closing price of $2.575. Straddling the $2.590 level through 10:30AM, a […]
Recap: Oil prices rose on Wednesday after Saudi Arabia announced that it would make further production cuts and lower its exports of crude oil. March WTI rose 2.8 percent, to […]